İhracatta Uzmanlaşma (ES) Endeksi Kapsamında Türkiye ile Ürdün Serbest Ticaret Anlaşması Ülkelerin Karşılıklı Dış Ticaretini Nasıl Etkiledi?
How Did the Free Trade Agreement between Türkiye and Jordan Affect the Mutual Foreign Trade of the Countries within the Scope of Export Specialization (Es) Index?

Summary/Abstract: The primary purpose of trade agreements can be expressed as providing various facilities in foreign trade for countries. As a result of these facilities, an increase in trade volume between countries is expected. Free trade agreements are also among the economic integration models that provide these facilities. Although the liberalization process implemented by countries has positive effects on trade volume, there are also parties who argue that these agreements are not beneficial in some cases. as matter of fact, the reason for the annulment of the free trade agreement signed between Jordan and Türkiye was based on this argument. The agreement, which came into effect in 2011, was unilaterally annulled in 2018 on the grounds that it harmed the Jordanian economy. In this context, the study addresses the impact of the free trade agreement signed between Jordan and Türkiye on the exports of both countries. To determine the impact of the free trade agreement in these countries, the export specialization indices for the periods from Q1 2002 to Q4 2023 were calculated quarterly and examined in three sections: the period before the free trade agreement, the period of the free trade agreement, and the period after the free trade agreement. The study found that the agreement signed between Türkiye and Jordan positively benefited Jordan by increasing its export specialization index, while it decreased the export specialization index for Türkiye. In conclusion, according to the export specialization index scores, it can be stated that the claim made by Jordan that the agreement harmed its economy is not accurate.

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